The Vanguard Group Discloses Position in Dowlais Group Plc

The Vanguard Group, Inc. has released a mandatory public disclosure under Form 8.3, revealing its significant position in Dowlais Group plc. As of January 31, 2025, Vanguard owns or controls 74,551,775 ordinary shares, which represent a 5.54% stake. This disclosure aligns with Rule 8.3 of the Takeover Code, requiring transparency from entities holding 1% or more in relevant securities.

The disclosure also indicates Vanguard's dealings in American Axle & Manufacturing Holdings, Inc. However, no agreements, indemnities, or arrangements concerning voting rights or future acquisitions were reported. No Supplemental Form 8 (Open Positions) was attached, confirming no open derivative positions.